Claudia Sheinbaum is likely to run for President in Mexico’s 2024 elections. She served as Mexico City’s mayor and won the Morena party‘s internal vote, beating five other people who also wanted the role. This choice sets the stage for Mexico’s elections in 2024. Sheinbaum, who is 60 and an author, is also backed by […]
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Market Reacts to Petrobras’s Dividend Caution
Petrobras’s shares fell sharply on Wednesday, with a 3.8% dip in preferred shares. CEO Jean Paul Prates indicated a shift towards a cautious dividend strategy amidst renewable energy goals during a Bloomberg interview. Preferred shares fell to R$40.45 and common shares to R$41.88, ranking them among the Ibovespa’s biggest declines. The market’s anticipation of high […]
